As Oil Prices Predicted To Remain Low, Energy Firms Seek Ways To Adapt The CEO of Royal Dutch Shell this week said it now expects oil prices to remain low forever. The global oil glut of recent years shows no sign of diminishing. Energy demand has leveled off.
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As Oil Prices Predicted To Remain Low, Energy Firms Seek Ways To Adapt

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As Oil Prices Predicted To Remain Low, Energy Firms Seek Ways To Adapt

As Oil Prices Predicted To Remain Low, Energy Firms Seek Ways To Adapt

As Oil Prices Predicted To Remain Low, Energy Firms Seek Ways To Adapt

  • Download
  • <iframe src="https://www.npr.org/player/embed/540088304/540088305" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
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The CEO of Royal Dutch Shell this week said his company is making a striking shift in its thinking: It now expects oil prices to remain low forever. The global oil glut of recent years shows no sign of diminishing. Energy demand has leveled off. And if electric vehicles take off, oil prices could come under even more downward pressure.